Italy: Bank strike announced for 30 January 2015

28.01.2015

Bank unions in Italy have called for a strike on Friday 30 January 2015.

Our depository IntesaSanpaolo have informed us that the strike will heavily impact the banks and consequently it will have a strong impact on daily activity. They also cannot guarantee how many staff members will be on site.

All straight-through processing (STP) activities are expected to be processed normally.

We continue to monitor the situation with our depository Intesa Sanpaolo and will provide further information as it becomes available.

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